21-49-11. Foreclosure alternatives available on small tracts subject to chapter–Mortgages under earlier law.
Any mortgage made pursuant to this chapter on real property of an area of not more than forty acres containing therein a power of sale, upon default being made in the conditions of the mortgage, may be foreclosed as provided in chapter 21-47 or 21-48 or as provided in this chapter. Any mortgage made pursuant to §§21-49-1 to 21-49-10 prior to July 1, 1977 may be foreclosed as provided therein or as provided in this section.
Source: SL 1963, ch 236, §1; SDCL, §21-49-1; SL 1972, ch 135; SL 1977, ch 187, §1; SL 1979, ch 157, §1.